Find out how much of your home equity you may be able to access. Results in seconds, no personal information required.
Enter your details below for an instant estimate. This is a general guide — your actual amount depends on your specific property, age, and lender assessment.
Enter your home value, age, and existing mortgage balance above, then click Calculate to see your estimated equity.
Understanding what drives your reverse mortgage amount helps you make a more informed decision.
The foundation of your calculation. Lenders conduct an independent appraisal to confirm your home's market value.
Canadian lenders allow homeowners 55+ to access up to 55% of their home's appraised value. Older borrowers can generally access a higher percentage.
If you carry a mortgage, it must be paid out from your reverse mortgage proceeds at closing. The remaining amount becomes available cash.
This calculator provides a general estimate only and does not constitute a mortgage commitment, pre-approval, or financial advice. Actual amounts are determined by a licensed lender following a formal application, independent home appraisal, and underwriting review. Green Lending Reverse is a licensed mortgage brokerage regulated by the Financial Services Regulatory Authority of Ontario. FSRA License No. 523007661.
The calculator gives you a starting point. A free consultation gives you the real answer.
